Tag: Odisha iron ore Index
-

SteelMint: Odisha iron ore fines index edges up after OMC auction
SteelMint’s weekly Odisha iron ore fines index (Fe 62%) increased by around INR 350/t w-o-w to INR 6,050/t ex-mines. Post OMC iron ore auction in Odisha prices have increased a bit owing to decent response amidst hike in sponge iron and semi-finished steel prices seen earlier during the week. Rationale: T1- One trade was considered…